(WEB HOST INDUSTRY REVIEW) — European data center services provider Interxion Holding N.V. (www.interxion.com) has submitted a draft registration statement on Form F-1 on a confidential basis to the US Securities and Exchange Commission for a possible initial public offering of ordinary shares.
According to its Tuesday announcement, this offering is expected to be completed in the second half of 2010, pending regulatory approval and as capital markets conditions permit. The number of shares proposed to be offered and sold and the amount proposed to be raised in the offering have not yet been determined.
Less than two months ago, colocation and network services provider Telx Group (www.telx.com) filed the preliminary paperwork with the US Securities and Exchange Commission for an IPO intended to raise up to $100 million. Telx operates 15 facilities in the US, totaling 483,427 square feet, with more than 800 customers and 28,200 Interconnections.
In comparison, Netherlands-based Interxion manages 27 sites, covering 13 cities across 11 countries. Interxion delivers a full range of data center, co-location and managed services solutions to more than 1,100 customers, including enterprises, content providers, mobile service providers, hosts and telecoms.
The funds raised by an IPO would be beneficial in funding Interxion’s further growth. Already this year, the company opened its second Dublin data center, designed to meet the growing demand for energy-efficient, high-power-density colocation infrastructure and outsourced managed services from within Ireland and abroad. It also acquired a new site in Frankfurt, Germany, for the construction of the company’s seventh data center there, which could be as large as 15,000 square feet. As well, the company announced plans to expand its Amsterdam facility by nearly 12,000 square feet.
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